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Introduction

When your employees are protected they are at their productive best.

 

Businesses are driven by employees. Hence, ensuring that they work at their best potential is extremely important for an organization. As an employer, you have made it your priority to ensure that your employees and their loved ones are financially secure. At Pramerica Life our Group Insurance team is trained to take care of your requirements as an employer starting from recommending the right solutions to providing the perfect service.

 

ADVANTAGES FOREMPLOYERS

  • Can be an integral part of the overall benefit package to increase employee satisfaction and retention
  • Tax benefits for all contributions as business expense under this plan u/s 37(1) (in case of employer employee) of the Income Tax Act, 1901.

ADVANTAGES FOREMPLOYEES

  • Insurance Protection at relatively low cost
  • Financial Security
  • Coverage 24 hours a day, 7 days a week, anywhere in the world
  • Tax free claim proceeds in case of Death of the member during the term of the contract

DISCLAIMER : Tax benefits will be applicable as per prevailing tax laws. Tax laws are subject to change. Please consult your tax advisor for details.